Cumminsind - Breakout happened as discussed
Price reached the resistance level comfortably as discussed previous thread. This is a strong up movement so one can expect a small fall or price may hover around the resistance before the break.
CUMMINSIND trade ideas
[Positional] Cummins India Short IdeaGravestone Doji formation at 52W high. Short if it breaks day's low that is below 883 with SL of 922 and target of 800 as per charts.
Another theory which supports this is RSI. According to RSI, technical top was formed at 799 after that it made another high of 922. Hence, to correct it, It has to come below 799.
Cummins flying highAs published few days back...Cummins on its journey towards 1000 mark has started...check my previous say on this...
Stay tuned!!
Cummins Ind for SWING TradingCumming Ind is good for Swing Trade
Buy - 815 - 817
Target 840
Time frame 2 weeks
Sell Cummins @890Sell at 890 with 905 as SL on closing basis.
Targets are huge 850, 800, 770.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Cummins - 1000 Target..Go longCummins consolidating before flying towards 1000 mark...We saw a good move today..the journey will continue..
Market is above all interpretations...
Sell Cummins Below 844The stock has formed Bearish candle on a daily time-frame and looks good to sell if sustains below 844.
Please refer to the chart for Targets and SL.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
CUMMINSIND Intraday short 5/3/21. !!!CUMMINSIND : cmp : 876
looking weak in daily hourly chart.Rising wedge formed.
May go upto 855
TGT 861.5
SL 881.5
March 870PE
Let's see what happens....
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
Cummins Crossing second target Cummins gave almost 30% up move after break out in about a month. Reached to second target with good volume. Seems it has further potential to cross this level also. Keep a watch on this. Visit previous chart in the link below.
Cummins India Ready For 30% Rally ??Updating my target in my previous recommendation of cummins.
Buy At CMP - 787.75 & On Dips
SL - 685 (WEEKLY CLOSING BASIS)
TARGET - 985/1100+++
Cummins India: Near Multi years BreakoutThe stock has performed exceptionally well in the current market rally and now retraced to a level of 750-760.
Currently it is trying to make a base between 700-750 levels. once a daily candle is closed above 800 Levels with above average volumes which currently acting as resistance. Then a further rally can be seen to 1100 levels.
All levels are mentioned on chart. The perfect entry would be only after a strong closing above 800 levels.
DISC: For educational purposes only. Please consult your advisor before making any bet.
Watchout for Resistance breakoutThe stock has come back again after our previous post and testing the resistance zone. Looks good above 809 level
CumminsInd- A good breakout ?Cummins Ind has been consolidating at the higher range for a while. Last time it broke out from resistance it gave a good move and it is doing same thing for now.
Weekly chart for the reference:-
Keep an eye folks .Fingers crossed.
Go Long if it sustains > 810Cummins has broken long term trend line last month, go long above 810 for 900 levels
